TOKYO/SEOUL, Apr. 18 (Korea Bizwire) – The Tokyo Electric Power Company (TEPCO) announced on April 17 that it would commence the second year of releasing treated radioactive wastewater from the crippled Fukushima Daiichi nuclear power plant into the Pacific Ocean starting on April 19. The utility said it had analyzed samples from the measurement and [...]
SEOUL, Apr. 18 (Korea Bizwire) — Senior trade officials from South Korea and the United States discussed preparations for the upcoming three-way talks of industry chiefs with Japan, Seoul’s industry ministry said Thursday. The discussion was made as Deputy Minister for Trade Yang Byeong-nae met with officials from the U.S. Department of Commerce and the [...]
SEOUL, Apr. 18 (Korea Bizwire) — South Korea will administer US$200 million in humanitarian assistance for Ukraine this year as part of its pledged aid package worth $2.3 billion for its recovery efforts following its war with Russia, Seoul’s finance minister has said. Finance Minister Choi Sang-mok presented the plan during the Ukraine roundtable held [...]
SEOUL, April 17 (Korea Bizwire) – The Russian state-run news agency RIA Novosti reported on April 17 that Ukraine has been persisting in its attempts to recruit mercenaries from South Korea through internet communities and social media. According to the agency, a post appeared on a popular South Korean online community on April 10 in which [...]
SEOUL, Apr. 17 (Korea Bizwire) – A U.S.-led Indo-Pacific agreement on supply chains went into effect in South Korea, Seoul’s trade ministry said Wednesday. The Indo-Pacific Economic Framework (IPEF) was launched by U.S. President Joe Biden in 2022, involving 14 member nations, including South Korea, the United States and Japan. “The government plans to come [...]
SEOUL, Apr. 16 (Korea Bizwire) — South Korea will provide US$12 million in humanitarian assistance to Sudan and the neighboring countries struggling with a yearlong conflict between rival military factions, the foreign ministry said Tuesday. Choi Jai-chul, South Korean Ambassador to France, announced the plan Monday (local time) during an international humanitarian conference in Paris, [...]
SEOUL, Apr. 16 (Korea Bizwire) — South Korea “strongly” protested against Japan on Tuesday after Tokyo issued an annual diplomatic report renewing its territorial claims to the South’s easternmost islets of Dokdo. To lodge a protest over the report, South Korea’s foreign ministry called in Taisuke Mibae, the deputy chief of mission at the Japanese [...]
SEOUL, Apr. 12 (Korea Bizwire) — The United States-led Indo-Pacific Economic Framework relating to supply chain resilience will enter into force in South Korea next week, Seoul’s industry ministry said Friday. The initiative will enter into force Wednesday, 30 days after the country’s deposition of its instrument of ratification for the initiative, in accordance with [...]
SEOUL, Apr. 10 (Korea Bizwire) — South Korea is in talks with China and Japan to hold a long-stalled trilateral summit of their leaders around May 26-27, a news report said Wednesday. The three countries have entered into final consultations about holding the three-way summit in South Korea late next month, according to the Japanese [...]
SEOUL, Apr. 5 (Korea Bizwire) — South Korea’s industry ministry said Friday it has designated six overseas partner institutions to establish global technology cooperation centers, aiming to advance research projects focused on core technologies. The country will seek to establish such centers under ties with MIT, Yale University, Purdue University, Fraunhofer, Johns Hopkins University and [...]